About Solaridea
Solaridea is an Energy & Utilities company based in Hyderabad (India). It manufactures solar-powered products, including panels and energy systems. It operates on a B2B model. The company has 12 employees. Its Indian entity Solar Idea Private Limited reported revenue of ₹7.58 Cr. Its focus areas include Energy, Renewable Energy, Solar Products and Manufacturing. Its competitors include Borosil Renewables, Servoteh and Nessa; 1 of its 3 listed competitors has raised funding.
Company details
Solaridea manufactures solar-powered products, including panels and energy systems, focusing on working in the energy sector, promoting renewable energy, solar products, and producing manufactured goods. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Hyderabad, India
- Employees 12
- SectorsEnergy & Utilities
- Website solaridea.com
- Social X Facebook
- Legal Name Solar Idea Private Limited
- Date of Incorporation 19 Jul, 2014
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹7.58 Cr
FY 2024 · -51% YoY
- Net Profit₹13.4 Lakh
FY 2024 · 2% margin
- EBITDA₹69.8 Lakh
FY 2024 · 9% margin
- Employee Count12
Associated legal entities of Solaridea
Solaridea operates through Solar Idea Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Solar Idea Private Limited CIN U40106TG2014PTC094915 | Active | 19 Jul 2014 | Hyderabad, Telangana | ₹7.6 Cr | 12 | 4 | View details |
Board of directors of Solar Idea Private Limited (Solaridea)
Solar Idea Private Limited is the primary company behind Solaridea. The board of Solar Idea Private Limited currently have 4 directors; the longest-serving is Bairagoni Goud Raju, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bairagoni Goud Raju DIN 05195982 | Director | 19 Jul 2014 | 12 yrs 3 mo | Solar Idea Private Limited |
| Srinivas Reddy Ravula DIN 06924107 | Director | 19 Jul 2014 | 12 yrs 3 mo | Solar Idea Private Limited |
| Sarvotham Reddy Ramreddy DIN 06924127 | Managing Director | 19 Jul 2014 | 12 yrs 3 mo | Solar Idea Private Limited |
| Praveen Kumar Budida DIN 06398865 | Director | 19 Jul 2014 | 12 yrs 3 mo | Solar Idea Private Limited |
Financials of Solaridea
Figures of Solar Idea Private Limited, the primary company behind Solaridea, for FY 2024. Revenue was ₹7.58 Cr (-51% year on year). Net profit was ₹13.4 Lakh (2% margin). EBITDA was ₹69.8 Lakh (9% margin). Revenue has grown at a compounded annual rate of -2% over three years and -17% over five years.
- ₹7.58 CrRevenue · FY 2024 · -51% YoY
- ₹13.4 LakhNet profit · 2% margin
- ₹69.8 LakhEBITDA · 9% margin
- ₹1.65 CrPaid-up capital
- 12Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- -17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Solar Idea Private Limited are on its company page.
Detailed financial statements for Solaridea
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Solaridea
Solaridea has 3 listed competitors in our database, 1 of them funded. They include Borosil Renewables, Servoteh and Nessa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| borosilrenewables.com | 1962 | Mumbai, India | 762 | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | ||
| servotech.in | 2004 | Delhi, India | 178 | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | ||
| nessa.in | 2008 | Ahmedabad, India | $95,277 | 84 | Offers solar consumer goods |
Detailed competitors of Solaridea
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as Solaridea (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about Solaridea
Solaridea is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Solaridea has 12 employees.
The primary company behind Solaridea, Solar Idea Private Limited, reported revenue of ₹7.58 Cr for FY 2024, down 51% year on year.
Solaridea manufactures solar-powered products, including panels and energy systems, focusing on working in the energy sector, promoting renewable energy, solar products, and producing manufactured goods. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Solaridea's top competitors include Servoteh, Borosil Renewables and Nessa.
Solaridea operates through Solar Idea Private Limited.
The legal entities of Solaridea currently have 4 directors, including Bairagoni Goud Raju, Srinivas Reddy Ravula, Sarvotham Reddy Ramreddy and others.